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Boeing (BA)

Airlines Ordered to Replace The Boeing Company (BA) 1,300 Cockpit Displays by Federal Aviation Administration

Airlines Ordered to Replace The Boeing Company (BA) 1,300 Cockpit Displays by Federal Aviation Administration

The Boeing Company (NYSE:BA) 737 and 777 have been affected by the Federal Aviation Administration (FAA) order for the replacement of cockpit display units that the agency have said are vulnerable to Wi-Fi frequencies. The cockpit displays were made by Honeywell International Inc (NYSE:HON). The agency and Boeing carried out tests on the displays and

Plug Power Inc (PLUG)

Plug Power Inc (PLUG) Soars Amid New Financing Deal, Company Might Surpass Market Earnings Estimates For 2015

The shares of Plug Power Inc (NASDAQ:PLUG) surged 9.57% higher to close at $4.58 after the CEO announced a financing deal for new customers. The company is likely to surpass analyst’s estimate for earnings for 2015 fiscal year. According to the latest announcement, Plug Power Inc (NASDAQ:PLUG) and M&T Bank Corporation (NYSE:MTB) have reached a

Airbus Group NV (AIR)

Airbus Group NV (AIR) Helps Aerion Corp. To Introduce A Supersonic Business Jet Until 2021

According to recent news, Aerion Corp. and Airbus Group NV (EPA:AIR) will work together to develop a Supersonic Business Jet, namely AS2. Robert Bass’s Aerion Corp. started its Supersonic Business Jet project in 2002. CEO of Aerion Corp. in a telephone interview with Bloomberg said that: “We see no technical show stoppers …, The collaboration

Boeing (BA)

The Boeing Company (BA) Exec Says Output of 737-Family Jets Can Only Be Increased If Sustainable

The Boeing Company (NYSE:BA) has seen demands for its 737-family jets go up with the potential of overwhelming the company’s current production capacity and plans. The company will however not increase the production beyond their plans unless there is a very good reason to do so. In an aviation conference in Istanbul, Boeing vice president

Airbus Group NV (AIR)

Airbus Group NV (AIR) Faces Pressure from German Government to Cut Military Jets Cost

The deal between Airbus Group NV (EPA:AIR) and German government is likely to witness some more theatricals as the German government is seeking price cuts for Airbus’s A400M military airlifters. German Defense Ministry has demanded longer cancellation period for the same and the A400M are likely to be delivered later than the expected timeline. Bild

Boeing (BA)

The Boeing Company (BA) Receives New Orders But Losing Market Share to Lockheed Martin Corporation (LMT) in Military Airplanes

The Boeing Company (NYSE:BA), on September 20, 2014, stated that it has received an order of 20 737 MAX 8s from Ethiopian Airlines. The total price of the order is higher than $2.1 Billion and including options for purchase of additional 15 737 MAX 8s. Van Rex Gallard from Boeing, vice president of sales in

Boeing (BA)

The Boeing Company (BA) and Lockheed Martin Corporation (LMT) with Blue Origin Partners to Build Rocket Engine

The Boeing Company (NYSE:BA) and Lockheed Martin Corporation (NYSE:LMT) through their joint project, United Launch Alliance, have gone into a partnership with Blue Origin for the manufacture of an ultramodern rocket engine which is set to be tested in 2016. The rocket engine is planned to first fly in 2019. United Launch Alliance is currently

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